Perhaps specialisation is important

Property developer set up their own construction company after becoming “increasingly dissatisfied with the service of external construction companies”.

Construction company has a few good years, buys itself wins an award as construction company of the year in 2011.

Company goes into administration on 7th October “after serious flaws were unearthed in the pricing of a number of the contracts”. They also admit “”[We have] encountered considerable difficulties in progressing and completing current projects.”

It’s almost as if pricing construction works and then delivering them is not as easy as it appeared. Maybe they should have stuck to what they were good at rather than branching out into something they clearly weren’t as good at as they originally thought.

Either way as they couldn’t offload the job for Southampton Cricket Club onto a different contractor fast enough they have left their current clients in the lurch, and no doubt ‘increasingly dissatisfied with external construction companies’. If you don’t find that amusing you have a heart of stone.